Yumbe, Uganda | THE INDEPENDENT | Euro Gold Refinery (U) SMC Ltd has secured a gold mining licence in Yumbe District, expanding its footprint in Uganda’s mineral sector as government pushes for increased domestic value addition and tighter regulation of the country’s gold trade. The licence was granted by the Ministry of Energy …
Read More »Uganda’s Centenary Group granted a licence to launch a new bank in Malawi
Kampala, Uganda | THE INDEPENDENT | The Reserve Bank of Malawi has awarded a licence to Centenary Group and the Catholic Church Archdiocese of Lilongwe to carry out banking operations in Malawi. The name of the new bank is Centenary Bank Limited, with Centenary Group holding majority shareholding and the Catholic …
Read More »MTN licence expires, rivals fight renewal
MTN licence expires: Dirty details of Uganda telecom sector exposed Kampala, Uganda | HAGGAI MATSIKO | Uganda’s largest telecom company, MTN Uganda is caught up in a fight to secure the renewal of its licence which expires this year, The Independent can reveal. With 55 percent of telecom market share …
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